KROGER EXECS JUMP SHIP TO RITE AID, STOCK SINKS

CINCINNATI -- Kroger Co.'s stock took a tumble last week.A 25% drop in the chain's stock price last Monday followed news that Robert G. Miller, Kroger vice chairman and chief operating officer, and the top two executives at Kroger's Fred Meyer, Inc., division, had resigned to take top-level positions at Rite Aid Corp., Camp Hill, Pa., plus the news Kroger's fourth-quarter earnings results might not

CINCINNATI -- Kroger Co.'s stock took a tumble last week.

A 25% drop in the chain's stock price last Monday followed news that Robert G. Miller, Kroger vice chairman and chief operating officer, and the top two executives at Kroger's Fred Meyer, Inc., division, had resigned to take top-level positions at Rite Aid Corp., Camp Hill, Pa., plus the news Kroger's fourth-quarter earnings results might not be quite as strong as Wall Street had anticipated.

Kroger stock recovered

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